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Coming Commercial Real Estate Collaspe NOTHING Can Prevent NEXT Real Estate Crash

Posted on August 29, 2011.

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Aug. 10 (Bloomberg) - The collapse in commercial real estate IS Preventing Federal Reserve Chairman Ben S. Bernanke Declaring from the Economy and Financial Markets are Healed.

Have property values fallen 35 percent Since October 2007, According to Moodys Investors Service. Thats making it tough for owners to refinance $ 165 Almost one billion of mortgages for skyscrapers, shopping malls and hotels this year, pressuring companies Such as Maguire Properties Inc.., The Largest office landlord in downtown Los Angeles to put buildings up for sale.

Fundamental Negative

Demand for commercial space from edible Employment and the Employment Income generated by That Said University of Pennsylvania Professor Joseph Gyourko, director of The Wharton School Samuel Zell and Robert Lurie Real Estate Center in Philadelphia. Mounting Job Losses are a really significant negative fundamental, signaling That conditions are tough for Going To Be The Industry for a while, he said.

That May spill over Into Some Mounting Losses at banks. Forty-seven percent of loans At The 7.000-Plus Small lenders are in U.S. commercial real estate, Compared With 17 percent for The Biggest Banks, According to New York-based Goldman Sachs Group Inc.

Comments

Lucille Winkeljohn says...

@17seventySIX I'm all of those besides banker. Can I join?

Posted on August 30, 2011
Cruz Borchers says...

@sirhogin1 When you vote today, vote for the new guy. Send em' all packing. The new guys will know we mean business......Wont they?

Posted on August 30, 2011
Lettie Palin says...

@kysmik @primitivebushskills I am looking for a mechanical engineer and a doctor to join our "Colony" for only $5,000 you get to be part of the colony and 1/2 acre with water to live on. In Santa Barbara CA> close to town, with water on 100 acres surrounded by BLM land on all three sides. Mechanic, architect, nurse, builder, handyman, beautiful women, computer engineer, scientist, horticulturists, farmers, musicians, people with resources, welder, solar engineer, natural healer, NO BANKERS!

Posted on August 31, 2011
Rosalyn Prosper says...

@kysmik Silver will almost surely outperform gold in the coming years. And gold will perform great compared to other assets. :)

Posted on August 31, 2011
Tien Penaherrera says...

@ssike0 100 people = 500 grand, 100 acres in Santa Barbara. Any other people out there like this don't contact me....If you have your own property or enough to go buy your very own piece of safety, then do that.....5 grand you get use of 100 acres for the rest of your life along with like minded people......

Posted on August 31, 2011
Ettie Lorusso says...

@kysmik

The only thing poorer people can really do, is stock up on those things that you know you won't outgrow. Shoes, clothes, gardening equipment, canning supplies, etc.

Although, if you can still afford to buy a few pieces of silver each week, keep doing that. Silver could actually be a better bargain at this point, given Silver's industrial properties. When gold rises, silver will also rise.

I got lucky and bought the majority of my silver when it was $10-12/oz.

It could go to $200.

Posted on September 2, 2011
Errol Tousley says...

@seraphimWILLunite if silver hits 200 a burger at Wendy's will cost 30. Follow?

Posted on September 2, 2011
Josie Rolfsen says...

@17seventySIX So you re basically selling 100 acres for a million in cash. Any buidlings on this little post acopalyptic commune?> I d bet there arent. Huckster.

Posted on September 3, 2011
Bess Doser says...

Commercial Real Estate is a SCAM! Their collapse would be a great victory for working folks.

Posted on September 12, 2011

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